Common use of Director Resignation Clause in Contracts

Director Resignation. In the event that the Executive is a member of the Board on the Effective Date of Termination, Executive shall resign from the Board effective on the Effective Date of Termination.

Appears in 10 contracts

Samples: Employment Agreement (TherapeuticsMD, Inc.), Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc)

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Director Resignation. In the event that the Executive is a member of the Board Board, or the board of directors of any subsidiary company, on the Effective Date of Termination, Executive shall resign from the Board such positions effective on the Effective Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Savient Pharmaceuticals Inc)

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